Core watershed: 113550
- Function: Key critical point for short-term bullish and bearish sentiment; if stabilized, it leans towards a rebound, if broken, it continues to adjust.
Above the watershed (rebound scenario)
- Core logic: If it stabilizes at 113550 and maintains for 1 - 2 hours, it is considered a short-term rebound initiation signal; need to pay attention to the breakthrough situation of the upper resistance level.
- Key resistance levels (gradually increasing):
1. 114600: First short-term resistance level, need to observe if the rebound strength can effectively break through;
2. 115800: Important resistance for medium-term rebounds, breaking through may open up larger space;
3. 116800: Target resistance level for short-term rebounds, need to be cautious of pullbacks at this position.
Below the watershed (adjustment scenario)
- Core logic: If it breaks 113550 and does not quickly recover, it is considered a failed rebound, and the market is likely to continue to decline; need to pay attention to the stabilization signals at the support level below.
- Key support levels (gradually decreasing):
1. 112500: First short-term support level, if quickly broken, sentiment leans bearish;
2. 111860: Important medium-term support, a historically dense trading area, need to observe if it can stop falling;
3. 110520: Key support level for short-term decline, if broken may trigger a deeper adjustment.
Summary
113550 is the 'traffic light' for short-term operations:
- If it stabilizes, track the upper resistance level according to the rebound logic; breaking the resistance level can continue to be bullish;
- If broken, focus on the support level below according to the adjustment logic; if the support level fails, be cautious of expanded risks.
In short-term trading, it is important to focus on the watershed position of 'effective break/stabilization confirmation' (rather than instantaneous fluctuations), combined with the time period (1 - 2 hours) to filter out noise and improve operational accuracy.$BTC #BTC走势分析 
